FuelCell Energy and MHB Jointly Develop Low-Carbon Fuel Facility in Malaysia
Key Ideas
- FuelCell Energy and Malaysia Marine and Heavy Engineering collaborate under a Joint Development Agreement for a Detailed Feasibility Study of a low-carbon fuel production facility in Malaysia.
- The collaboration aims to use solid oxide electrolysis technology with carbon dioxide and water as feedstocks to produce clean hydrogen, supporting Malaysia's goal of achieving net-zero carbon emissions by 2050.
- The partnership between FCE and MHB highlights their commitment to advancing green energy solutions and driving progress in the energy transition through scalable and innovative projects.
- The project also involves collaboration with KBR LLC to utilize proprietary low-carbon fuel synthesis technology, contributing to a cleaner, low-carbon future.
FuelCell Energy, Inc. and Malaysia Marine and Heavy Engineering Sdn Bhd have entered a Joint Development Agreement to conduct a Detailed Feasibility Study for a low-carbon fuel production facility in Malaysia. This initiative stems from their prior memorandum of understanding in 2023 on developing hydrogen production facilities in Asia, New Zealand, and Australia. The agreement aims to leverage FuelCell Energy's solid oxide electrolyzer technology and MHB's fabrication expertise to develop large-scale hydrogen production systems. The collaboration supports Malaysia's ambition to achieve net-zero carbon emissions by 2050 and advance its hydrogen value chain. The project will evaluate the production of low-carbon fuel using solid oxide electrolysis technology with carbon dioxide and water as feedstocks. Additionally, KBR LLC will contribute its proprietary low-carbon fuel synthesis technology to the endeavor. Both companies are committed to making clean hydrogen production accessible and viable, emphasizing the importance of global decarbonization and energy transition goals. FuelCell Energy's President highlighted the collaboration as a significant step in positioning the company in the hydrogen and low carbon fuels market, showcasing their ability to scale up for large-scale projects through strategic partnerships. The Managing Director and CEO of MHB expressed readiness to take on larger-scale projects by combining MHB's fabrication capabilities with FuelCell Energy's SOEC technology. The partnership aims to deliver scalable solutions that attract stakeholder support and drive progress in the energy transition, contributing to a cleaner, low-carbon future.